insurance broker
Coverage sales professional
An insurance broker is a professional who helps clients find and purchase insurance policies, acting as an intermediary between buyers and insurance companies.
Unlike agents who represent specific insurers, brokers work on behalf of the client, shopping among multiple carriers for suitable coverage: We used a broker to compare rates on our homeowner's policy.
One who acts independently
- middlemanAgent linking two parties
- negotiatorOne who bargains professionally
- facilitatorNeutral process guide
- liaisonConnector between groups
representative · mediator · go-between · matchmaker · arranger · conduit · wholesaler · placement
Source of potential harm
- exposureState of being unprotected
- perilSerious threat of harm
- vulnerabilityOpenness to harm
- threatIndication of potential harm
loss · accident · disaster · catastrophe · uncertainty · mitigation · risk management · contingency
Adopted principle of action
- premiumsPayments for insurance coverage
- deductiblesPre-coverage personal payments
- benefitsGains or helpful effects
- liabilityLegal or financial obligation
indemnity · exclusions · endorsements · riders · coverage limits · umbrella coverage · perils · casualty
Professional advice provider
- advisorOne who gives guidance
- guidanceAdvice for decisions
- recommendationsProposed courses of action
- planningArranging for future events
strategy · analysis · assessment · evaluation · consultation · expert · solutions · customization
Paid broadcast promotion
- propertySomething owned or inherent
- autoSelf, in compounds
- marineRelating to the sea
- aviationFlying or operating aircraft
professional liability · errors and omissions · workers compensation · Lloyd's
agent
One who acts independently
- middlemanAgent linking two parties
- negotiatorOne who bargains professionally
- facilitatorNeutral process guide
liaison · representative · mediator · go-between · matchmaker · arranger · conduit · wholesaler · placement
hazard
Source of potential harm
- exposureState of being unprotected
- perilSerious threat of harm
- vulnerabilityOpenness to harm
threat · loss · accident · disaster · catastrophe · uncertainty · mitigation · risk management · contingency · claims
policy
Adopted principle of action
- premiumsPayments for insurance coverage
- deductiblesPre-coverage personal payments
- benefitsGains or helpful effects
liability · indemnity · exclusions · endorsements · riders · coverage limits · umbrella coverage · perils · casualty · renewal
consultant
Professional advice provider
- advisorOne who gives guidance
- guidanceAdvice for decisions
- recommendationsProposed courses of action
planning · strategy · analysis · assessment · evaluation · consultation · expert · solutions · customization · client
commercial
Paid broadcast promotion
aviation · professional liability · errors and omissions · workers compensation · Lloyd's
- Brokersstockbroker, shipbroker, pawnbroker
- professionsdoctor, lawyer, engineer, teacher, nurse
- insurancecoverage, underwriting, premium, claims, policyholder
- professionalsdoctor, nurse, lawyer, engineer, dentist
- traderstrader, merchant, retailer, vendor, dealer
- life insuranceterm life, whole life, beneficiary, premium, death benefit
insurance brokerunderwriter
One who assumes financial risk
insurer · insurance company · insurance carrier · policyholder · claimant
insure, insurance, broker, insured, brokerage, uninsured, insurers, insurer, insuring